Dollar slips lower ahead of inflation release; euro gains By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday ahead of a key U.S. inflation release, while the euro rebounded after weakness inspired by Italian banking woes. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 102.245

Dollar softens ahead of CPI, energy costs another focus By Reuters

© Reuters. FILE PHOTO: Banknotes of Chinese yuan and U.S. dollar are seen in this illustration picture taken September 29, 2022. REUTERS/Florence Lo/Illustration By Brigid Riley and Alun John TOKYO/LONDON (Reuters) – The dollar dipped against most currencies on Thursday ahead of U.S. inflation data later in the day that will shape the Fed’s policy

GBP/USD Hovers at Key Inflection Point Ahead of Inflation and GDP Data

GBP PRICE, CHARTS AND ANALYSIS: GBP/USD Bulls Return as Cable Retests the 1.2750 Mark in Early European Trade. Choppy Price Action May be Down to Seasonality as the US CPI and UK GDP Releases are Sorely Needed to Stoke the Volatility and Provide Direction. Eyes on a Potential Range Breakout of the 100-Pip Range Which

Asia FX weakens ahead of U.S. inflation, yuan supported by PBOC By Investing.com

© Reuters. Investing.com– Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day, while the Chinese yuan rose sharply on more support from the central bank.  The dollar steadied near five-week highs, benefiting from increased demand as markets positioned for a potentially

High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Gold, XAU/USD – Price Action & Outlook: Gold appears to be losing ground amid rising real yields. Most recently, XAU/USD has fallen below key support, accentuating downside risks. What are the key levels to watch in XAU/USD? Recommended by Manish Jaradi Traits of Successful Traders Higher real rates could be starting to finally weigh on

US Dollar goes nowhere with traders looking ahead to Thursday

Share: The US Dollar is unchanged near the New York opening bell.  Very light data calendar points to a rather uneventful day in the wake of US inflation data on Thursday.  The US Dollar Index nudges lower, eyes key support test.  The US Dollar (USD) is trading sideways to slightly lower as markets